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Dec 30, 2012 10:00pm PST
. >> it's the uncertainty, fiscal cliff and how things are going to pan out from these next few months moving forward. >> reporter: economic experts agree, in the past they say a looming sales tax hike would have inspired a shopping frenzy but not now. >> today i think it's the opposite. gee we're just in the midst of massive amounts of tax confusion i think this level of uncertainty is going to put some breaks on spending in general. >> i just think you should save money while you can. >> reporter: still some are spending here at the albany target. lawrence williams knew he needed a tv and figured he would save a few extra dollars buying today. >> with the tax hike and what have you, it's going to be even more expensive. so, why not save now. >> one bit of good news for shoppers, the sales tax increase does not apply to your gas. in alameda county, ann rubin, ktvu channel 2 news. >>> new california laws taking effect with the new year include efforts to better protect children. coaches and administrators in schools will be required to report suspected child sexual abuse. and it will b
Dec 26, 2012 10:00pm PST
increases go into effect next week. why some believe we will head over the fiscal cliff before washington takes action. >> reporter: the halls of power empty, although negotiators and the president are back at work. >> at the very least, let's agree right now on what we already agree on. >> reporter: an olive branch to the gop, and carrot to corporate giants. the administration now suggesting cutting corporate tax rates. the u.s. has among the world's highest. but closing loopholes that helped google, for instance, avoid $2 billion in taxes last year. >> corporations are a little concerned. >> reporter: gary is optimistic about a deal. >> i'd still rate it better than 50/50. >> reporter: what seems increasingly likely is to allow the country to go over that fiscal cliff, triggering higher taxes. that would allow hard line republicans to vote for lower taxes, a few days later. >> to make them look better? to appease voters. if that's the reason, great. >> reporter: some call it a low form of political shenanigans. >> i think that's horrible, they would put the american people through that
Search Results 0 to 2 of about 3 (some duplicates have been removed)